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Build AI products at on-AI companies with Emily Glassberg Sands from Stripe
No Priors: Artificial Intelligence | Technology | Startups
Leveraging Data for Payments Optimization
Data sets like radar are utilized for optimizing payment processes such as the optimized checkout suite, which tailors payment methods to customers' preferences. This optimization leads to more efficient checkout experiences, increased revenue for businesses, and overall growth in the internet economy. Additionally, backend payment optimizations, such as utilizing machine learning to enhance authorization requests, recover a significant percentage of false declines, saving billions of dollars globally.
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